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bussines

unit 1 unit 2

TermDefinition
Unsolicited goods Were goods are sent to people who have not ordered them and a bill is sent requesting payment for goods.
Consumer A consumer is a person who buys goods for there own use
Customer A customer is simply someone who buys something whether to use it or to re-sell it.
Small cliams court This is a quick cheap and effective way of resolving a consumer dispute involving up to 2000 compersation.
Invitation to treat Invitation to treat is an invitation to shoppers to offer that price for that item the shop is free accept or to reject such an offer.
Capicity to contract Person under the age of 18 years of age or a person insane or drunk cannot enter into a contract.
Warranty A warranty is a less important clause. Breaking a warranty does not break the contract itself.Example if a band for a wedding arrives a half an hour late that does not end the contract, But if the band does not arrive at all that ends the contract.
Specific performance This means asking a court to instruct the other party to go through with the contract as agreed.
Breach One party breaks a condition of the contract. It is a way of ending the contract. This is the same of ending a contract
Producers Producers turn raw materials into finished product. They try to make a profit by keeping cost prices competitve
Created by: evanlynagh10
 

 



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